56A, Station Road
56A, Station Road
Description & Estimates
56A, Station Road, Morpeth is recorded publicly as a modern freehold house across 2,281 ft2 of internal area, sitting on a 576 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 56A, Station Road, Morpeth is £477,012 and its rental estimate is £2,091 per month, given the available information and assuming reasonable condition.
Station Road, Stannington, Morpeth, NE61 falls within the NE61 postal district.
Our Data Sources
56A, Station Road, Morpeth has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 56A, Station Road, Morpeth, we estimate a market value of £500,862 and a rental value of £2,195 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £443,621 and £1,945 per month respectively.
Recent Market Change
Over the last year, 56A, Station Road, Morpeth has seen its estimated sale value rise by £1,275 (0.3%) and its estimated rental value move up by £34 per month (1.6%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 56A, Station Road, Morpeth as measuring 576 m2.
That makes it the 18th largest plot in the postcode, where 19 of the 21 other houses have recorded plot data.
Energy Efficiency
56A, Station Road, Morpeth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 56A, Station Road, Morpeth completed on 29th September 2021 at £430,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.3% over the period since September 2021.
- Sold Sep 2021£430,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56A, Station Road, Morpeth have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2022, was 56B, Station Road, Morpeth, NE61 6NH, a freehold house which sold for £430,000.
Read more about house prices in NE61.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 81 addresses on Station Road, Stannington, Morpeth, NE61, 56A, Station Road, Morpeth comes out as the 11th largest and the 14th most expensive in our analysis of the public data.
It is also £196k more expensive than the average property across the NE61 district.
More reading links
Schools Nearby
- 2.3kmStannington First School
- 3.2kmMeadowdale Academy
- 3.4kmSt Bede's Catholic Primary School
- 3.4kmSt Benet Biscop Catholic Academy
- 5.6kmThe King Edward VI School
- 6.1kmBedlington Academy
More reading links
Public Transport Nearby
From 56A, Station Road, Morpeth, the nearest station is Morpeth, 4.1 kilometres away.
- 4.1kmMorpeth
- 5.5kmPegswood
- 5.8kmBedlington
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
